Post by
Abruzz0 on Jan 17, 2022 11:25am
When will Verde hit $5?
Verde's climb since its guidance press release came on the heels of previous upward gains.
There has been no ebbing for those keen on accumulating some more shares (unfortunately?). Which leads me to believe that some positive news might bring even more attention (investors) to what is still a low-volume stock.
The question now seems more of 'when' not 'if' it will hit $5.
Comment by
kanerfalk on Jan 17, 2022 12:05pm
My guess is we will reach C$5 a couple of days after the PFS is released.
Comment by
ICT1111 on Jan 17, 2022 12:22pm
Hands up those who are watching this like a hawk trying to see when it hits $4 ??
Comment by
Abruzz0 on Jan 17, 2022 12:56pm
"Baboom" is the right expression! At $4/share we are mere 25% from a fiver.
Comment by
Sage4Puck on Jan 17, 2022 1:08pm
The more important metric is being ignored: CAD 200 million! That is the new market value of NPK achieved today. If Nutrien is at CAD 50 billion, there is ample room for NPK to be at least 1% that, at a tidy CAD 500 million market cap.
Comment by
CapitalDawn on Jan 17, 2022 2:37pm
Sage, you are right in terms of overall analysis. But as someone who recently bought back into this share, the truly satisfying numer is the stock price. To the moon!
Comment by
PedroPistacio on Jan 17, 2022 12:32pm
The result of the latest mining application would also likely help given that new production up to 2.5m tonnes pa would be one of the shorter term de-risking events. Then updates on sales of course, and new plant build out. Plenty of news points. Just got to hope that the news is good!